Plenty more happened which made it a bad first experience and very "ironic" so I was wondering who does this type of thing?

Ironically, that was one of our more most successful flips to date. 

Ironic.

Boat launch and Park are on other side of the bridge.All buildings had new metal roofs, updated electrical boxes, and the main sewage lines had been recently changed from cast iron to PVC all the way from the street to the foundations of each building.When I bought this place, it was an absolute disaster.

Also although all the plumbing passed, it is over 40 years old and it is possible that they still used cast iron for the drain lines.

Lawrence ironically has the best geographic location, but the worst element with potential for a huge upside in 10 or so years if they can drive out the gang element.

Now is the time to iron out these details.

If you can do that, you'll realize that you don't need to deprive yourself of everything :)Now - what is important to realize is that W2 income creates an iron-clad barrier between you and a low effective tax rate.

I'm always afraid of being sued, especially after I read that one guys post how he had an iron clad contract and even video taped the signing.

My retirement fund took a dive (like everyone else's) back in 09 - ironically - it was the bust that got me out of the industry, and is pulling me back in!